Cityboy: Beer and Loathing in the Square Mile by Geraint Anderson is a chilling exposé of the greed and lust this star analyst witnessed. To purge his soul he has written a confessional in a best-selling and thinly veiled novel, writes Mrs. M. His description of ‘drinking the devil's urine,' the excesses and wrongdoings commited by City traders, is enough to make us all wonder why the economic crunch didn't happen earlier.

His particular talent as a ‘team leader' was in giving his clients a good time. One such episode, which wasn't so obscene as to be unmentionable, was a £25,000 trip to Ibiza by private jet, where his group was met by a limousine full of naked girls with a bucket of cocaine. This Cambridge graduate who isn't afraid to strip off the veneer of respectability of City carryings-on lists ‘insider trading' as rife. Particularity the habit of spreading false rumours that a share was rising or falling and profiting from the results. He says this leads to financial instability, and it's the rank and file who pay the price. It's a very clever form of stealing.

He says forget the philanthropy and glossy high profile prestige of the City, it's all about money and greed. He hurls the blame for our present financial woes firmly at the highly polished brogues of greedy, malicious, short term gamblers in the City, the ‘bonus culture.'

Anderson says he now wants to be part of the solution, not part of the problem. He studied revolutions at Cambridge. Let's hope he will help ‘heads to roll.'